SunTrust Investment Services also offers a Roth IRA to help you plan for your retirement. Unlike the Traditional IRA, your Roth IRA earnings are tax-free when distributed, rather than tax-deferred (if you meet certain criteria), which is a significant benefit for saving for retirement. While Roth IRA contributions are not tax-deductible, earnings are free from federal tax (if certain conditions are met).

You may continue to contribute to a Roth IRA even if you participate in an employer-sponsored plan. A non-working spouse is also eligible even if the working spouse is covered by an employer-sponsored plan.

Traditional IRA owners may consider converting to a Roth IRA to take advantage of the tax-free earnings. This option is available to single individuals or married couples filing jointly with a MAGI of $100,000 or less. A rollover from a qualified pension plan must be deposited into a Traditional IRA before it can be converted into a Roth IRA.

Services provided by the following affiliates of SunTrust Banks, Inc.: Banking and trust products (including checking accounts) and services are provided by SunTrust Bank, Member FDIC. Securities, insurance (including annuities and certain life insurance products) and other investment services (including Brokerage accounts) are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer and a member of the FINRA and SIPC. Other insurance products and services offered by SunTrust Insurance Services, Inc., a licensed insurance agency.